Morning News
- Futures are pointing to a flat to slightly lower open today.
- Retail sales for September will be released at 8:30 this morning.
- Consumer sentiment for October will be released this morning.
- September import price index will also be released today.
- European markets are trading to the upside today. In Tokyo the Nikkei 225 ended the day higher.
- General Electric due to release earnings before the open this morning.
- ACME Packet Inc. new issue set to begin trading today on the Nasdaq under the symbol ( APKT )
- EZCorp. Inc. raises outlook on financial forcast.
- Hewlett Packard Company names Jon Hoak new chief ethics and compliance officer.
- Toyota Motor Corp. rolls out first Kentucky made hybrid. The company plans to produce up to 48,000 hybrid cars at the new Kentucky plant.
- Homebuilder Centex Corp. out with a profit warning.
- Pennsylvania jury rules that Wal Mart Stores Inc. violated labor laws.
- All eyes on the Dow Jones Industrial Average as it attempts to take out 12,000
- Buffalo New York getting pounded by lake effect snow. Reports are out that the area has already recieved over 2 feet of snow. 250,000 people are without power, and more snow is expected to fall throughout the day on Friday.
- Crude oil up just a bit to $58.36 per barrel.
- Wholesale gas is $1.46 per gallon.
- Natural gas has dropped to $5.66 per unit.
- Gold seems to be hanging right around $580.00 per ounce.
Budd Foxx
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